POS Loans Startups in Africa
Overview Powered by AI
POS loans surging rapidly in Southern Africa, offering quick access to credit for underbanked consumers. However, concerns about high fees, predatory lending practices, and potential over-indebtedness remain. Local business leaders express mixed views, acknowledging the financial inclusion aspect but emphasizing the need for responsible lending and consumer protection.
Cummulative Funding
$780K+
Total # of Companies
1
Total Deal Count
1
Total M&A Count
0
Total # of Investors
16
List of POS Loans startups in Africa
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Founded
2021
Overview
Klump is a Buy Now, Pay Later product offering alternative checkout and in-store loans to customers and businesses.
Last round
Pre-seed
Total raised
$ 780,000
Employee
2-10